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Updated RecentlyMRI Worldwide vs Cybertary Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Cybertary including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $66,635 - $99,785 | $40,000 - $78,000 |
| Franchise Fee | $40,000 | $37,500 - $60,000 |
| Royalty Fee | 9%-3% | 5%/ Min.$400+$100 Technology Fee/month |
| Advertising Fee | 0.5% | 1%/ Min.$20/Mo. |
| Year Founded | 1957 | 2005 |
| Year Franchised | 1965 | 2006 |
| Term Of Agreement | 10-20 years | - |
| Term Of Agreement | 10-20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. |
| Operations |
International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About MRI Worldwide
A subsidiary of CDI Corp., Management Recruiters International has offices in some 35 countries, and more than 5,000 search professionals. Completing thousands of placements annually through its specialized divisions'Management Recruiters, Sales Consultants, CompuSearch and OfficeMates5'Management Recruiters International franchisees may also offer services including flexible staffing, project outsourcing, videoconferencing, compatibility assessment and relocation services.
In 1999, the company acquired British staffing franchisor Humana International, giving it a large presence in Europe. To reflect this expanded reach, in 2000, Management Recruiters International changed its name to MRI Worldwide.
About Cybertary
Do you want to help small business owners reach their goals? Would you like to work independently but with the support of a skilled collaborative team? Do you enjoy diversity in your day-to-day work? Are you looking for a values-based business model that provides opportunity to achieve work/life balance? If so, Cybertary may be the perfect franchise for you. Cybertary owners consult with businesses to identify administrative challenges and can tap into a team of Cybertary virtual assistants (VAs) to help fulfill the client's needs. It's the perfect, flexible career for those with professional backgrounds in management, business development, financial services or sales and marketing. If you enjoy developing and shaping professional success, join the Cybertary team today. We can provide you the training and support you need to grow your own successful business while helping other businesses reach their full potential. Why Cybertary? * Onsite training, ongoing coaching and unlimited online continuing education * Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage * Personalized website and monthly branded newsletter * Exclusive marketing territory * Proprietary Intranet for easy access to secure workload management, messaging, shared calendar, contact management, document storage, discussion forums, and more * Nationwide network of skilled Cybertaries become franchisees extended team * Accounting system, sample business plan, marketing plan, and rate guidance to help set a firm foundation for success * Work From Home at a Professional Wage with a Flexible Schedule